04/23/2019
Bramson v Barclays: big week for investor before AGM battle
US-based activist investor will ramp up pressure on bank if first-quarter results fail to impress
Investment Banking
04/18/2019
European Investment Bank will lend €100 million to Dutch and German small businesses through Funding Circle
“The EU bank seeks to ensure better access to finance for SMEs at all stages of development through a range of tailored instruments.”
04/18/2019
In 2018 Audit, Deutsche Bank Saw High Risk of Ties to Russian Money Laundering
“Until publication of intelligence on the OCCRP website in March 2017, Deutsche Bank was not aware of the money laundering scheme
04/17/2019
Citi Expands ETF Servicing Capabilities in EMEA
The launch of Citi’s ACES platform highlights our commitment to continuously strengthen our offering and support our clients’ ETF needs holistically across products and geographies.
04/17/2019
Citi partners with Schroders to launch behavioural finance tool
In doing so, the tool is said to classify users into four investment characters and measure them against nine behavioural traits, local Malaysian newspaper The Star Online reported.
04/17/2019
Credit Agricole and Santander to combine custody and asset servicing businesses
The transaction would combine two strong custody and asset servicing players to form a truly global player with enhanced growth prospects.
04/16/2019
Deutsche-Commerzbank merger could rest on mountain of ‘badwill’
Combined bank could recognise a profit of more than $18bn using an obscure accounting method
04/14/2019
Barclays wins support of Merian Global Investors in struggle with activist investor Edward Bramson
The latest attack on Bramson’s plans to shrink Barclays’ investment bank comes after David Cumming, chief investment officer of Aviva Investors and a supporter of the activist in the past, said he would side with Barclays.
04/12/2019
JPM sells £1.5bn fund, trust clients to Hargreaves and Share Centre
In both cases JPMorgan customers can also choose to switch to an alternative provider as the fund group shuts its service for direct investment trust and ISA customers.
04/12/2019
Arbuthnot Latham Sells 5% Stake In Secure Trust Bank For GBP15 Million (ALLISS)
The sale of the stake will also improve the Arbuthnot's regulatory capital position, the lender said.
04/10/2019
Berlin reveals contacts with Deutsche Bank amid merger talks
Two of those meetings happened in January, while the third was on March 18, the day after Deutsche and Commerzbank publicly confirmed they were in talks about a possible merger.
04/09/2019
SocGen to cut 1600 jobs
Societe Generale today announces two adjustment projects.
04/05/2019
Deutsche Bank makes strides in US leveraged lending
The leap comes as Deutsche Bank and Commerzbank have begun discussions over combining the two largest banks in Germany, as reported by Reuters.
04/05/2019
ECB rates policy: Is the tail wagging the dog? by Azad Zangana,Schroders
The delay in tightening policy is leading investors to believe that the negative interest rate is the new normal as they draw comparisons with the Japanese experience.
04/04/2019
Nomura axing jobs and bank branches to cut costs by $1 billion
The target of cutting $1 billion in costs will be achieved over the “medium term”
04/03/2019
The new man Barclays traders are scared of
The incoming chairman has reportedly been canvassing investors about activist investor Edward Bramson's strategy for shrinking the corporate and investment bank.
04/03/2019
LFIS expands multi-asset fund range
"Perspective brings together the best of LFIS' expertise in derivatives, credit and quant investing and the market reception so far has been excellent."
04/03/2019
Santander seeks extra €1.2bn in cost cuts to hit ‘ambitious’ target
Drive to boost profitability made more challenging by ECB’s ultra-loose monetary policy
04/03/2019
Mizuho International goes live with Asset Control market data management solution
The platform will be used to help fulfil Mizuho International’s IPV and broader market data management needs.
04/02/2019
Deutsche Bank-Commerzbank merger: Long live the kingmaker
However the situation plays out, it might be the smaller firm that ends up in the stronger position.